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22 May 2015
Metals: CFTC Commitment of Traders Report - TDS
FXStreet (Guatemala) - Analysts at TD Securities offered the CFTC Commitment of Traders Report for the week ending May 19th, 2015.
Key Quotes:
"Gold specs were quick to shift shorts into longs, as weak US data pushed prices above the $1,225/oz top of range."
"Silver specs were also quick to follow suit, cutting large levels of short positioning."
"Platinum specs saw growth in European auto sales as a signal to trim shorts even further."
"Palladium specs added slightly to shorts, perhaps playing the spread with platinum, as China/US auto sales have lagged Europe growth."
"Copper specs slightly adjusted positions but remained net long, as seeds of China growth return."
Key Quotes:
"Gold specs were quick to shift shorts into longs, as weak US data pushed prices above the $1,225/oz top of range."
"Silver specs were also quick to follow suit, cutting large levels of short positioning."
"Platinum specs saw growth in European auto sales as a signal to trim shorts even further."
"Palladium specs added slightly to shorts, perhaps playing the spread with platinum, as China/US auto sales have lagged Europe growth."
"Copper specs slightly adjusted positions but remained net long, as seeds of China growth return."